The Debt Recovery Appellate Tribunal, Delhi, dismissed an appeal primarily for want of pre-deposit of Rs.7 crores, as the appellant did not appear and failed to comply with the prior order.
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DEBTS RECOVERY APPELLATE TRIBUNAL, DELHI
Misc. Appeal No.157/2021 Arising out of S.A.No.96/2021(DRT-I, Delhi)
Ashok Kumar Kalia
Vs
Kotak Mahindra Bank Ltd.
30.05.2022 Hon’ble Mr. Justice BrijeshSethi
Present: None
This matter has been taken up by me through Video Conferencing.
None is present for the appellant. He has also not deposited Rs.7 crores towards pre-deposit as ordered vide order dated 21.10.2021. The appeal is accordingly dismissed as it cannot be entertained not for want of compliance of the condition of pre-deposit.
(CHAIRPERSON)
-pk
Ashok Kumar Kalia
Kotak Mahindra Bank Ltd.
Brijesh Sethi
As recorded by the court registry
3 orders share this CNR
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